Car loan

An affordable loan from ABB for those who want to buy a car!

Loan Terms:

Annual interest rate* (by the type of car): Electric - 10%; Hybrid - 11%; Other - 12%.

Amount: up to 200 000 AZN

Term: up to 60 months

Commission fee: 0.5% (min.20 AZN)

Down payment: starting from 10%

Cars to be loaned must have a production history of up to 3 years and a mileage of up to 1000 km.

*Annual interest rates are fixed regardless of the term.


Terms for customers:

  • Citizenship of the Republic of Azerbaijan
  • Minimum 6 months of work experience
  • Age limit: 20-65 years


To obtain a car loan, customers may visit the bank's nearest branch only with an ID card and order the loan by selecting a vehicle from official car dealers. The customer by making an appointment in advance through the Bank's website can apply for a car loan without waiting in line at branches.

Frequently Asked Questions

Who can benefit from the car loan product?

The car loan product can be purchased by persons with official income who receive their salary with a card from any bank. The final decision on whether or not to grant a loan is determined based on the analysis.

What documents are needed to get a loan?

For the initial analysis, an identity card and a document confirming income are sufficient. Other documents may be required to further clarify the information.

Which cars can be purchased with a loan?

It is possible to buy new cars on credit from all official dealers.

How much is the down payment?

For electric vehicles:  

   10% on vehicles with a production date of 3 years or less.

For cars with hybrid engines: 

   20% for vehicles with a production date of 1 year or less;

   40% on vehicles with a production date of 1-3 years.

For cars running on conventional fuels:

       40% for vehicles with a production date of 1 year or less;

   50% on vehicles with a production date of 1-3 years.

Is there a guarantor requirement?

No guarantor is required.

Can you insure automobiles?

Yes. Until the end of the loan period, the cars are insured by the (corresponding) company chosen by the customer on the basis of the customer's payment.

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